14th Mar 2016 13:50
14 March 2016
Genel Energy plc
Genel Energy plc advises that it has received the notification set out below from UBS Investment Bank, pursuant to DTR 5 of the FCA's Disclosure and Transparency Rules.
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For further information please contact:
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Genel Energy Plc JE00B55Q3P39 | |||||
2 Reason for the notification (please tick the appropriate box or boxes): | ||||||
An acquisition or disposal of voting rights | Yes | |||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | n/a | |||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | n/a | |||||
An event changing the breakdown of voting rights | n/a | |||||
Other (please specify): | n/a | |||||
3. Full name of person(s) subject to thenotification obligation: iii | UBS Investment Bank UBS Group AG | |||||
4. Full name of shareholder(s) (if different from 3.):iv | UBS AG London Branch UBS Limited
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5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 9 March 2016 | |||||
6. Date on which issuer notified: | 11 March 2016 | |||||
7. Threshold(s) that is/are crossed orreached: vi, vii |
5% Section (A+B+C)
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8. Notified details: | |||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||
Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
JE00B55Q3P39 | No Previous Disclosure | No Previous Disclosure | - | - | 11,973,038 | - | 4.30% | ||||||||
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B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||
- | - | - | - | - | |||||||||||
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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Equity Swaps | - | 25.09.2017 06.08.201809.01.2019 | - | 2,008,309 | Nominal | Delta | |||||||||
- | 0.72% | ||||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
13,981,347 | 5.02% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | |||||||||||||||
UBS Group AG is a group holding company for UBS Investment Bank business. Voting rights are held through its controlled undertakings as set out below.
UBS AG: - directly through its branches: UBS AG London Branch - 13,564,573 (4.87%); and - indirectly through its subsidiaries: UBS Limited - 416,774 (0.15%)
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Proxy Voting: | |||||||||||||||
10. Name of the proxy holder: | |||||||||||||||
11. Number of voting rights proxy holder will ceaseto hold: | |||||||||||||||
12. Date on which proxy holder will cease to holdvoting rights: | |||||||||||||||
13. Additional information: | |||||||||||||||
14. Contact name: | Konstantina Georgaki / Raphael Lang | ||||||||||||||
15. Contact telephone number: | +41 44 239 4071 | ||||||||||||||
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